AMZN $1,882.22 -4.30 (-0.23%)
Ideas, Updates & Analysis
At some point in the future, people may ask "When did AAPL hit 1 trillion in market cap?".
It happened today Thu, August 2, 2018.
$1 Trillion is $1,000,000,000,000.
Many investors expected this to happen, especially recently.
Just 10 short years ago, in 2008, the market cap was around $100 billion.
What an amazing achievement in a decade.
Also, many investors strongly believe AAPL is still undervalued.
The P/E Ratio is still under 20. Wow!
So do you own AAPL?
If yes, congrats.
It has been a great ride and probably will continue to be.
If no, why not?
The other 3 companies that are within striking distance are AMZN, GOOG and MSFT.
Each of those 3 stocks are in the $800 billion market cap range.
Meanwhile, Apple is on it's way to it's 2nd trillion.
Thu, Aug 2, 2018 AAPL @ $207.39
Thu, Aug 2, 2018 AMZN @ $1,834.33
Thu, Aug 2, 2018 GOOG @ $1,226.15
Thu, Aug 2, 2018 MSFT @ $107.57
Here is the math.
In order to figure out what stock price will bump AAPL's market cap to $1 Trillion, we need to know the number of Shares Outstanding.
Shares Outstanding: 5,074,013,000
Now, let's divide $1 Trillion by the Shares Outstanding.
$1,000,000,000,000 / 5,074,013,000 = $197.08
Apple closed at a new record high today at $193.98
It needs to move up just $3.10 which is about 1.6%.
This could happen as early as tomorrow.
Either way, it really doesn't matter.
It's just a number.
Also, there are a few other stocks that may get to that valuation as well like Amazon, Google, Microsoft.
So let's say you are a little cautious about buying any of these stocks right now.
Another way to get involved in this rally in tech while minimizing single stock risk is buying the Technology Sector SPDR.
The symbol is XLK.
State Street Global Advisors is the company that offers this ETF as well as many others.
The top ten holdings are the who's who in this sector.
Wed, Jun 6, 2018 AAPL @ $193.98
Wed, Jun 6, 2018 AMZN @ $1,695.75
Wed, Jun 6, 2018 GOOG @ $1,136.88
Wed, Jun 6, 2018 MSFT @ $102.49
Walmart has dropped down to $85 from it's recent 52 week high and record high of almost $110.
It has recently acquired Flipkart for $16 billion. (Amazon reportedly made a bid as well which may have increased the price.)
Speaking of Amazon, guess who else offers 2 day free shipping now? Yes. Walmart.
And the radio commercial I heard today mentioned that there is no annual membership fee like 5 times.
A nice jab at Amazon.
While these 2 retailers battling it out over prices, I (almost) always remember to login to my ebates account first to get an extra 2% to 10% off my online purchases.
Savings on top of savings...I like it.
Anyway, I'm betting that this sell-off is a bit overdone.
Especially since other large retailers like COST and M have received positive reactions to their recent earnings announcements.
Something else I noticed on the 1 year chart is the price is close to a support trend. Maybe we get a nice bounce off of it?
Earnings for WMT is tomorrow. Either way, it should be exciting.
If I am wrong about this in the short term, I am happy to hold this stock.
After all, the holidays are not that far away.
Wed, May 16, 2018 AAPL @ $188.18
Wed, May 16, 2018 AMZN @ $1,587.28
Wed, May 16, 2018 GOOG @ $1,081.77
Wed, May 16, 2018 MSFT @ $97.15
So I finally checked out what the Amazon Prime Store Card is all about.
Here is my review.
It's pretty simple.
5% back every day on Amazon purchases.
Plus, I (almost) always remember to login to my ebates account first to get an extra 2% to 10% off my Amazon purchases.
I assumed it was through Amazon since Amazon is into everything nowadays.
The company behind the credit card is actually Synchrony Financial.
I have credit cards with other major companies but I have to say I was very impressed with the application process and most of all their account management website.
As a programmer, I have a special appreciation for a well thought out design.
(I hope you feel that way about Symbol Surfing!)
After doing more research, it turns out that SYF offers the same type of service to other major retailers.
There is a decent dividend yield of almost 2% and a very low P/E ratio of 12%.
This company just hit an all-time high and has had a nice retracement.
I think it is time to get in.
Hey, if Amazon trusts them, I do too.
Also, SYF is in Warren Buffett's Portfolio.
Tue, Mar 27, 2018 AAPL @ $168.34
Tue, Mar 27, 2018 AMZN @ $1,497.05
Tue, Mar 27, 2018 GOOG @ $1,005.10
Tue, Mar 27, 2018 MSFT @ $89.47
Amazon Stock Charts
The 5 year and 1 year stock charts are below.
50 Day Moving Average
The 50 Day Moving Average is at $1781.37 which is 5.66% below the stock price of $1882.22.
200 Day Moving Average
The 200 Day Moving Average is at 1489.63 which is 26.35% below the stock price of $1882.22.
Because both the 50 DMA and 200 DMA are below the current stock price, this can be considered a bullish technical indicator.
AMZN Stock Price
Below are a few key dates for the stock price.
Year To Date
The most recent stock price is $1882.22.
The Year To Date (YTD) return is +58.30%.
52 Week Low
The 52 Week Low stock price is $931.75 set on Tue, Sep 26, 2017 which is 326 days ago.
The current price per share is 102.01% above the 52 week low.
52 Week High
The 52 Week High stock price is $1925.00 set on Mon, Aug 13, 2018 which is 5 days ago.
The current price per share is -2.22% below the 52 week high.
All Time High
The All Time High stock price is $1925.00 set on Mon, Aug 13, 2018 which is 5 days ago.
The current price per share is -2.22% below the all time high.
Below is the EPS, P/E Ratio and Earnings Date.
The Earnings Per Share (EPS) is $7.95.
The Price To Earnings (P/E) Ratio is 229.34.
Amazon has a relatively high price to earnings ratio compared to the overal S&P 500 average, which is about 25%.
Some investors look for very low p/e stocks with the hopes of investing in an undervalued stock. Of course, this is just one factor to consider.
Stocks can make big percentage moves on the earnings announcement.
Companies announce earnings either before the market open or after the close.
The Earnings Release Date for Amazon.com Inc was Thu, Apr 26, 2018.
Since this earnings release 114 days ago, the stock price is up by +28.90%.
Many investors know the importance of a companies earnings report. Also, the market reaction to the earnings release can be even more important and can help in making a prediction of a future price forecast of the shares.
A significant post earnings announcement percentage move can continue or reverse an existing trend for several days or weeks after the earnings date.
The most recent Earnings Release Date was on Thu, Jul 26, 2018, which was 23 days ago.
Since this earnings date, the stock price is up by +1.00%.
Below is important Dividend information.
AMZN currently does not pay a dividend.
You may like this list of best dividend stocks of 2018.
Below are other Retail Discretionary stocks as Amazon.
AMZN Company Profile
Learn more about Amazon.
Amazon.com Inc is a Consumer Discretionary stock that trades on the NASDAQ and has a market capitalization of $918.23 Billion.
AMZN is also one of the largest companies by market capitalization today.
Amazon.com, Inc. offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It also manufactures and sells electronic devices. The Company, through its subsidiary, Whole Foods Market, Inc., offers healthy and organic food and staples across its stores. The Company also offers a range of products like whole trade bananas, organic avocados, organic large brown eggs, organic responsibly-farmed salmon and tilapia, organic baby kale and baby lettuce, animal-welfare-rated 85% lean ground beef, creamy and crunchy almond butter, organic gala and fuji apples, organic rotisserie chicken.
Spend a few minutes browsing the Amazon.com Inc, web site at http://www.amazon.com.